STOCK TITAN

The Wendy's Company Names Matt Spessard Chief Information Officer

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary
The Wendy's Company appoints Matt Spessard as Chief Information Officer, succeeding Kevin Vasconi. Spessard will lead global technology efforts to drive growth and innovation for Wendy's.
Positive
  • None.
Negative
  • None.

DUBLIN, Ohio, Feb. 26, 2024 /PRNewswire/ -- The Wendy's Company (Nasdaq: WEN) announced the appointment of Matt Spessard as Chief Information Officer. He will report to President and Chief Executive Officer Kirk Tanner and serve on the Wendy's Senior Leadership Team. Spessard will succeed Kevin Vasconi who has served as Chief Information Officer since October 2020.

Spessard has served as Senior Vice President, Global Chief Technology Officer for The Wendy's Company since August 2022. In this role, he was accountable for establishing the Wendy's System global technology vision and leading technological innovation and development to drive continued growth, competitive brand advantage and topline revenue for the Company and franchisees. As Chief Information Officer, Spessard will assume responsibility for all aspects of Wendy's global technology efforts, including Restaurant Technology, Data Management and Analytics, Enterprise Technology, Software Architecture and Engineering, and Information Security.

"Driving the growth of the digital business and harnessing technology in restaurants to improve the customer and crew experience are important pieces of our plan to accelerate sales and profitable growth across the global System," said President and CEO Kirk Tanner. "Matt's extensive experience in overseeing global technology initiatives at Wendy's positions him as the ideal leader to build growth on our already successful foundation."

"The brand's future growth is strongly linked with technology, and I'm excited about the possibilities it brings," said Spessard. "As we move forward, technology has the potential to unlock the next chapter of growth and I'm deeply committed to Wendy's success in this dynamic landscape."

Spessard joined Wendy's in May 2020 as Vice President, Restaurant Technology and assumed the expanded role of Vice President, Digital and Restaurant Technology in September 2020. Prior to that, he spent six years with Inspire Brands. He served in several roles of increasing accountability, including Vice President of Technology at SONIC. He also previously held various operations and technology leadership roles at YUM! Brands, Church's Chicken and Braum's Ice Cream & Dairy Stores.

About Wendy's
Wendy's® was founded in 1969 by Dave Thomas in Columbus, Ohio. Dave built his business on the premise, "Quality is our Recipe®," which remains the guidepost of the Wendy's system. Wendy's is best known for its made-to-order square hamburgers, using fresh, never frozen beef*, freshly-prepared salads, and other signature items like chili, baked potatoes and the Frosty® dessert. The Wendy's Company (Nasdaq: WEN) is committed to doing the right thing and making a positive difference in the lives of others. This is most visible through the Company's support of the Dave Thomas Foundation for Adoption® and its signature Wendy's Wonderful Kids® program, which seeks to find a loving, forever home for every child waiting to be adopted from the North American foster care system. Today, Wendy's and its franchisees employ hundreds of thousands of people across over 7,000 restaurants worldwide with a vision of becoming the world's most thriving and beloved restaurant brand. For details on franchising, connect with us at www.wendys.com/franchising. Visit www.wendys.com and www.squaredealblog.com for more information and connect with us on X and Instagram using @wendys, and on Facebook at www.facebook.com/wendys.

*Fresh beef available in the contiguous U.S., Alaska, and Canada.

Media Contact: 
Heidi Schauer
Vice President – Communications, Public Affairs & Customer Care
(614) 764-3368; heidi.schauer@wendys.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/the-wendys-company-names-matt-spessard-chief-information-officer-302071129.html

SOURCE The Wendy’s Company

FAQ

Who is the new Chief Information Officer of The Wendy's Company?

Matt Spessard has been appointed as the new Chief Information Officer of The Wendy's Company.

Who did Matt Spessard succeed in his new role?

Matt Spessard succeeded Kevin Vasconi as the Chief Information Officer of The Wendy's Company.

What areas of Wendy's global technology efforts will Matt Spessard be responsible for?

Matt Spessard will be responsible for Restaurant Technology, Data Management and Analytics, Enterprise Technology, Software Architecture and Engineering, and Information Security.

What is the goal of appointing Matt Spessard as Chief Information Officer according to Kirk Tanner?

Kirk Tanner states that appointing Matt Spessard is crucial for driving growth in the digital business and using technology to enhance customer and crew experiences to accelerate sales and profitable growth.

How does Kirk Tanner view the importance of technology for Wendy's future growth?

Kirk Tanner emphasizes that technology is essential for Wendy's future growth, highlighting the strong link between technology and the brand's expansion.

The Wendy's Company

NASDAQ:WEN

WEN Rankings

WEN Latest News

WEN Stock Data

3.39B
185.52M
8.95%
89.15%
6.39%
Restaurants
Retail-eating & Drinking Places
Link
United States of America
DUBLIN